Latest in Trump's Competing Tax
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What to know about the 2025 inflation-adjusted tax brackets
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.Top stories - CBS News - October 23 -
Should I take out my pension tax-free lump sum?
Investment firms report a rush of clients looking to withdraw cash before the BudgetWorld - Financial Times - October 24 -
Biden administration expands tax credit for producing solar, wind and battery components
The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...Politics - The Hill - October 24 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - Financial Times - October 24 -
UK tax raid on private equity could raise £1bn, say researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changesBusiness - Financial Times - October 25